Bondholder drops challenge to Rickmers Maritime fleet sale

The sale of Rickmers Maritime Trust’s fleet had been unexpectedly thrown into doubt. A Rickmers Maritime Trust bondholder Wednesday dropped his legal challenge to the bankrupt Singapore-based company’s sale of its containership fleet to Greek ship owner Navios Partners.
“The plaintiff has on the 17 May 2017 withdrawn his application and discontinued… Source: http://www.joc.com

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